3. If an organization was notified that its CDFI Certification Application is declined, will the CDFI Fund offer an explanation why?
If an organization’s CDFI Certification Application is declined, the CDFI Fund will provide a detailed debriefing document within 30 days of notifying the organization of the declined Application. The debriefing document will specify the CDFI Certification criteria that were not met by the Applicant as well as the reason why the Applicant did not meet the criteria.